24 May MG DEVELOPER’S BEATRICE ROW NEARS COMPLETION
A limited collection of luxury Georgian-style townhomes near Coral Gables’ downtown will be part of planned Biltmore Square community
The project marks niche developer’s third consecutive residential project in less than a year
MIAMI (May 24, 2018) – MG Developer continues to build ‘The City Beautiful,’ this time with a new enclave of luxury townhomes situated along a dreamy tree-lined street (744 Biltmore Way) in the heart of Coral Gables. Beatrice Row, the second of four developments within a 150,000-square-foot planned residential community called Biltmore Square, is now 70 percent complete and scheduled for occupancy in spring/summer of this year.
Bringing a new level of sophisticated urban ‘row’ living to the historic and highly sought-after Coral Gables zip code, a limited collection of nine, three-story Georgian style townhomes – which go up to 5,500+ square feet in size – are priced starting from $2.3 million.
Each townhome will have four bedrooms and four and half bathrooms, each touting 13-foot high ceilings, sculpturally intriguing staircases, and gourmet kitchens with refined custom cabinetry, marble countertops and premium appliances. Other cosmopolitan details such as private elevators, smart home automation, walk-in laundry rooms, four-car garages and expansive covered terraces with built-in outdoor kitchens, punctuate the comforts of this opulent lifestyle.
Reminiscent of the sophisticated and fashionable townhomes found in London’s Grosvenor’s Square, New York City’s West Village, and Boston’s Beacon Hill, Beatrice Row was designed by the internationally acclaimed architecture firm, De La Guardia Victoria Architects and Urbanists. Its distinguished façade features romantic arches, authentic brick and marble, coral stone details and hand-crafted bronze-finished balconies.
“We’re excited to be on the cusp of bringing this unparalleled townhome lifestyle to Coral Gables, which will be part of the magnificent Biltmore Square community,” said Alirio Torrealba, CEO of MG Developer. “Inspired by some of the most picturesque Georgian style neighborhoods around the world, Beatrice Row is the perfect expression of classic charm and urban sophistication.”
Located within walking distance of Coral Gables’ Downtown and the renowned Miracle Mile, known for its unique mix of world-class shopping and dining experiences, Beatrice Row is also close to the city’s finest golf courses, country clubs, parks and historic landmarks, including the Venetian Pool and The Biltmore Hotel.
Beatrice Row, already close to 50 percent sold, marks the third consecutive residential project for MG Developer in the last year. Biltmore Parc, a 32-unit luxury condominium located at 718 Valencia, was recently unveiled in December of 2018 and is now over 50 percent sold. Both projects are part of the larger community development Biltmore Square which will have a total of 56 residences altogether once complete. Following Beatrice Row and Biltmore Parc, the next two projects that will also be a part of the community are Biltmore Row and Althea Row.
“There are currently no other comparable three-story luxury townhomes in the area, and certainly none with this level of attention to Georgian design and detail,” said Daniel Guerra, Vice President of Development Sales at Fortune International Realty. “Beatrice Row is wholly unique and offers the complete Coral Gables lifestyle, from the exquisite neighborhood to the proximity to Coral Gables’ vibrant downtown.”
MG Developer recently launched a suite of curated, concierge-style services for Biltmore Parc and Beatrice Row. The program offers qualified buyers the opportunity to purchase and move into their new residence with 10 percent down, with access to the remaining 90 percent of their money for up to a full year. In addition to affording buyer them time to sell their existing home with more peace of mind, other benefits include coordinated design and décor services for buyers moving into a new residence. For buyers who list/sell their existing home through MG Real Estate Group, the listing commission that would have been due to MG will be applied to the purchase price of the new residence, reducing the overall cost of the home.
For more information on sales, contact Fortune International Realty at (305) 460-6719.
About MG Developer
MG Developer is a residential property development company based in Coral Gables, Florida. Led by Alirio Torrealba, the firm is a subsidiary of MG Capital and provides and implements a comprehensive array of real estate-oriented services, from concept creation and property site selection to project advancement. As a member of the Coral Gables community, MG Developer is committed to the beautification of the City and supports its Art in Public Places program, most recently commissioning an original 30’ (w) x 4’ (h) x 8’ (d) stone bench sculpture designed by Roberto Behar & Rosario Marquardt of R & R studios entitled “A Midsummer Night’s Dream,” that will decorate Balboa Plaza.
About Fortune International Realty
Since 1983, Fortune International Realty consistently attracts the brightest individuals, selected for their integrity, potential and excellence. Our global network of partnerships and strategic alliances provides our clients with a competitive advantage through far-reaching and responsive support. Fortune International Realty has grown significantly to over 19 offices and 800 dedicated agents throughout South Florida. Fortune International Realty is independently owned and operated, united with one vision to provide experience, excellence and expertise in the luxury real estate market leading to unequaled client service. Fortune International Realty develops custom solutions designed for each individual they serve, consistently providing a national and international real estate network, combined with a global perspective and a deep understanding of the local market. For more information visit www.fortunerealtymiami.com or contact 305.856.2600.